uploads///money _

Frontier Communications: Analysts’ Recommendations

By

Jun. 27 2019, Updated 10:57 a.m. ET

Analysts’ consensus 

According to analysts’ consensus, Frontier Communications (FTR) stock has a mean target price of $2.14 and a current market price of $1.39, which suggests an upside potential of 54.0% in the next 12 months. The median target price was $1.75 on June 21. On June 19, Citigroup cuts its target price on Frontier Communications stock from $1.50 to $1.00.

Among the 11 analysts tracking Frontier Communications, four recommended a “hold,” while seven recommended a “sell.” None of the analysts recommended a “buy.”

Analysts expect Frontier Communications to report an ~4.6% fall in its revenues to $8.2 billion in 2019—compared to $8.6 billion in 2018. The company’s adjusted EPS is expected to be -$1.43 in 2019—compared to -$1.34 in 2018.

Article continues below advertisement

Analysts’ recommendations for peers

About 20 of the 30 analysts tracking Charter Communications (CHTR) recommended a “buy,” 26 of the 33 analysts tracking Comcast (CMCSA) recommended a “buy,” and two of the 15 analysts tracking CenturyLink (CTL) recommended a “buy.”

Advertisement

More From Market Realist

    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.